A long-term cryptocurrency holder deposited 7,653 ETH into Binance, resulting in a profit drawdown of nearly 69% from its peak.
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TL;DR
A long-term crypto holder deposited 7,653 ETH into Binance, realizing a profit of $2.668 million but marking a nearly 69% decline from ETH's peak gains.
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EthereumSmart ContractsLayer 1cryptocurrencyETHBinanceprofit drawdownwhale activity
According to Mars Finance, on December 18th, on-chain analyst Ai Yi (@ai_9684xtpa) monitored that three addresses suspected of belonging to the same whale/entity redeemed assets from Lido/Eigenlayer and exchanged them for ETH in the past 4 hours. Subsequently, they transferred 7653 ETH, worth $21.62 million, to the same Binance deposit address. This ETH was accumulated between May 2023 and July 2025 at an average price of $2476. Selling it would have yielded a profit of $2.668 million, but this represents a nearly 69% drop from ETH's peak profit.